PIA Working on 5-Year Strategic Business Plan to Restructure National Flag Carrier

The Pakistan International Airlines (PIA) is working on a comprehensive strategic business plan to restructure all areas of the national flag carrier to take it out of the current financial crunch and turn it into a profitable entity.

The plan is expected to be completed within six months starting from November 2018, Minister In-charge for Aviation Division told the National Assembly on Wednesday.

The minister was responding to a query of MNA Mussarat Rafiq Mahesar. The lawmaker has put forward a query about rightsizing in Pakistan International Airline. The member also asked as to what is the status of the restructuring of Pakistan International Airlines and how much time the restructuring process will take to complete.


ALSO READ

PIA Increases Pilot Salaries by Rs. 915 Million Despite Huge Losses


The Minister through a written reply informed the National Assembly at present there is no rightsizing is going on in the airline.

He added that the PIA is orchestrating a comprehensive strategic business plan 2018-22, which is under consideration and include restructuring of PIA in all areas.

The minister said that the strategic business plan, which is being envisaged for five years, is expected to be completed within six months starting from November this year.


ALSO READ

PIA New Reservation System to Help Reduce 60pc Cost


To another question put forwarded by MNA Shahida Akhtar Ali regarding the discontinuation of flight operation from  Dera Islamil Khan to different parts of the country, the minister replied that the airline has been operating flights to and from DI Khan airport.

He added the flight operation was discontinued in 2015 due to very low traffic.

About the query, whether the PIA is planning to resume the flight, the minister informed the house that the airline has not included any flight to DI Khan in its Summer Schedule 2018. However, he added, if the national flag carrier decides to commence flight operation to/from DI Khan, the civil aviation authority (CAA) will facilitate/support operations accordingly.

 



Get Alerts

Follow ProPakistani to get latest news and updates.


ProPakistani Community

Join the groups below to get latest news and updates.



>